News
PH may tap Cambodia rice buffer stocks
The Philippines may decide to choose Cambodia to supply some of the rice it needs to boost its buffer stocks, Agriculture Secretary Proceso Alcala said on Friday. Alcala said the government still has to buy 120,000 metric tons of rice to fill the 500,000 metric tons ...
http://business.inquirer.net/58969/ph-may-tap-cambodia-rice-buffer-stocks
Hun Sen Asks Asean to Protect Migrant Workers
Prime Minister Hun Sen yesterday repeated a call for Asean countries to put a stop to the exploitation of migrant workers and urged the acceleration of efforts to provide protection for such workers. At the Asean Summit last month, Mr. Hun Sen said that protecting the ...
Subedi ‘shocked’ by evictions
One of the first things UN Special Rapporteur Surya Subedi did on his week-long fact-finding mission in Cambodia was visit the grave of slain environmentalist Chut Wutty. It wasn’t on the itinerary, but Subedi, rapporteur on the situation of human rights in Cambodia, said he wanted ...
http://www.phnompenhpost.com/index.php/2012051156113/National-news/subedi-shocked-by-evictions.html
OZ Minerals Completes Sale of Cambodian Assets
Australian mining firm OZ Minerals announced yesterday that it has successfully sold its Cambodian mining assets to Renaissance Minerals Limited for AU$17.8 million, or $19.2 million, after years of disappointing gold exploration results here. According to the statement, Renaissance now controls the 1,100-square-km core of the ...
Tobacco Harvest Hurt by Rains, Fewer Farmers
Rainfall during this year’s dry season and fewer farmers cultivating tobacco has resulted in a shortage of raw tobacco and a steep price increase, industry officials and farmers said yesterday. Tola Ponlu, head of corporate and regulatory affairs at British American Tobacco (BAT) in Phnom Penh, ...
Anti-loggers held back by FA officials
Forestry Administration officials reportedly blocked vehicles in three provinces from travelling to Koh Kong town yesterday on their way to the site where prominent environmental activist Chut Wutty was shot last month. But hundreds of others from six provinces in a convoy of 27 vans made it ...
Guesthouses rebut calls for fair prices
Hotel and guesthouse operators have pushed back against government calls to avoid price increases during holidays, claiming group booking, as well as supply and demand, dictated the price of accommodation. Government officials, including Prime Minister Hun Sen, have recently tried to dissuade operators from raising the ...
Laos postpones construction on Xayaburi Dam
Laos has postponed construction of the controversial Xayaburi dam project on the Lower Mekong River, a spokesman for its Ministry of Foreign Affairs was quoted saying on Wednesday. “No construction is going on. It’s discontinued, postponed,” Sithong Chitgnothin told Radio Free Asia in Laos. ...
In Koh Kong, Hundreds to Commemorate Chut Wutty’s Death
More than 600 people, including 50 Buddhist monks, who have been affected by illegal logging across the country arrived in Koh Kong province yesterday ahead of a memorial service to be held today at the site where well-known forestry activist Chut Wutty was shot dead ...
Beeline manager exits
The general manager of Cambodian mobile operator Beeline has left the company, following brand-owner Vimpelcom’s selloff of Vietnamese assets and a more than US$500 million over-valuation of its Cambodia and Vietnam markets. General manager Gael Campan’s departure raised questions about Amsterdam-based Vimpelcom’s future in the Kingdom, ...
http://www.phnompenhpost.com/index.php/2012051156103/Business/beeline-manager-exits.html
IRI survey finds Cambodian majority optimistic over future
The vast majority of Cambodians – 81 per cent – believe the Kingdom is headed in the right direction, according to an International Republican Institute survey on democratic governance released yesterday. Key reasons respondents gave for their upbeat assessment included the building of more roads, bridges, health clinics ...
Workers waiting for a bargain
Informal workers, a class that includes beer promoters, tuk tuk drivers and farmers, are among those who stand to benefit most from the upcoming trade-union law, observers say – and workers say it can’t come soon enough. Dave Welsh, country director of the American Center for ...
Hundreds Stopped in Attempt to Curb Illegal Logging on Border
Hundreds of would-be illegal loggers have been stopped this year by provincial authorities in Preah Vihear, Oddar Meanchey and Banteay Meanchey who have stopped them from crossing the border into Thailand, where Thai soldiers have killed 17 Cambodians so far this year. In Preah Vihear alone, ...
Cedac report to help farmers
As the rainy season approaches, Cedac, a Cambodian agricultural organisation, is appealing to farmers this week to increase their rice yields, according to a Cedac report directed toward growers. The report established a six-step order of operations that would ensure increased output during the most intense growing ...
http://www.phnompenhpost.com/index.php/2012051156101/Business/report-to-help-farmers.html
Walmart Denies Link to Factory Tied to Abuse of Cambodians
Mega U.S. retailer Walmart has denied allegations that it buys food products from a Thai seafood factory accused of trafficking and mistreating Cambodian workers. In a report released on Tuesday, the Cambodian Legal Education Center (CLEC), which has sent staff to investigate the Phatthana Seafood Co. ...
Insurance claims drop in Q1
Claims on Cambodia’s six biggest insurance companies declined year on year by more than 90 per cent in the first quarter of 2012, data from the General Insurance Association of Cambodia (GIAC) shows. The value of claims in 2011 was raised by fires that gutted two ...
http://www.phnompenhpost.com/index.php/2012051156100/Business/insurance-claims-drop-in-q1.html
UN Rights Envoy Warns Against Continued Landlessness
Surya Subedi, the UN’s human rights envoy to Cambodia, expressed concern Friday over land concessions provided to private companies that are forcing people from their land in the provinces. “the royal government has the primary responsibility for respecting, protecting and fulfilling the rights of its ...
Corporate social responsibility in Cambodia
Frontier and emerging economies such as Cambodia present companies with a specific set of challenges and risk, both real and perceived, beyond those found in more developed markets. A risk category getting ever- increasing attention is that of “social risk”, roughly defined as the risk of ...
Prison labour still a threat: rights group
Prisoners still face being exploited for labour, despite the government’s March prakas banning goods made behind bars from being exported, rights group Licadho has said. Although Licadho believes the prakas will help protect the image of Cambodia’s garment industry, it says inmates still face exploitation under ...
Passport fee latest wrinkle in factory workers’ Thai plight
A rights group has raised concerns that up to 100 Cambodian migrant workers at a Thai seafood processing factory will be stranded abroad in less than a week without any income because they cannot afford to pay a passport fee demanded by their employer. Of the ...
Cambodians Face Abuse at Seafood Factory
A Thai seafood factory supplying retail giant Walmart is continuing to violate its labor arrangements with hundreds of Cambodian workers there and could leave up to 100 of them stranded and jobless by next week, the Cambodian Legal Education Center (CLEC) said in a new ...
First Quarter Insurance Revenues Up 39 Percent
Revenues in the insurance industry increased to $9.4 million in the first three months of the year compared with $6.7 million during the same period last year, figures from the General Insurance Association of Cambodia show. Ty Atith, a senior underwriter at Cambodian Reinsurance Company, said ...
Exports to Korea jump 80pc
Cambodia’s first-quarter exports to South Korea soared nearly 80 per cent year-on-year, driven mostly by garments and agriculture products, but imports still accounted for most of the trade between the two countries. Total exports to South Korea jumped to US$30 million for the first three months of ...
http://www.phnompenhpost.com/index.php/2012051056080/Business/exports-to-korea-jump-80pc.html
Oz aid cuts won’t touch Cambodia
Despite major foreign aid budget cuts at home, Australia had upped its assistance to Cambodia by about US$17.4 million for 2012-2013, the embassy here said yesterday. Australia would provide a total of $95.3 million in “official development assistance to Cambodia”, the embassy said in a statement. ...